2nd Edition

Theories of Value from Adam Smith to Piero Sraffa

By Ajit Sinha Copyright 2010
384 Pages
by Routledge India

384 Pages
by Routledge India

384 Pages
by Routledge India

This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. The author focuses on four, perhaps most critical classics — Adam Smith’s Wealth of Nations , David Ricardo’s Principles of Political Economy , Karl Marx’s Capital and Piero Sraffa’s Production of Commodities by Means of Commodities . The book highlights... Read more

Preface to the Second Edition. Preface. 1. The Theory of Value in Adam Smith’s Wealth of Nations 2. The Theory of Value in Ricardo’s Principles 3. The Theory of Value in Marx’s Capital 4. The Theory of Value in Sraffa’s Production of Commodities 5. Conclusion: On the ‘Classical Standpoint’. Afterword. References. Index

Biography

Ajit Sinha is Professor of Economics at Azim Premji University, Bengaluru, India. He has published extensively on the history of economic theory. He is also the author of A Revolution in Economic Theory: The Economics of Piero Sraffa (2016) and Essays on Theories of Value in the Classical Tradition (forthcoming).